Arete Wealth Advisors LLC Has $1.02 Million Stock Holdings in Vermilion Energy Inc. (NYSE:VET)

Arete Wealth Advisors LLC increased its stake in shares of Vermilion Energy Inc. (NYSE:VET) (TSE:VET) by 1.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 108,088 shares of the oil and gas company’s stock after buying an additional 2,046 shares during the period. Arete Wealth Advisors LLC’s holdings in Vermilion Energy were worth $1,015,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in VET. Trexquant Investment LP lifted its position in shares of Vermilion Energy by 18.8% during the fourth quarter. Trexquant Investment LP now owns 361,561 shares of the oil and gas company’s stock worth $3,399,000 after purchasing an additional 57,290 shares in the last quarter. Geode Capital Management LLC raised its position in Vermilion Energy by 4.8% in the 4th quarter. Geode Capital Management LLC now owns 80,484 shares of the oil and gas company’s stock worth $765,000 after purchasing an additional 3,668 shares during the last quarter. Diametric Capital LP acquired a new position in Vermilion Energy during the 4th quarter worth $119,000. Arrowstreet Capital Limited Partnership acquired a new position in Vermilion Energy during the 4th quarter worth $10,866,000. Finally, Pictet Asset Management Holding SA boosted its position in Vermilion Energy by 4.5% in the 4th quarter. Pictet Asset Management Holding SA now owns 27,221 shares of the oil and gas company’s stock valued at $256,000 after buying an additional 1,179 shares during the last quarter. Institutional investors own 31.91% of the company’s stock.

Analyst Ratings Changes

VET has been the topic of several research reports. StockNews.com lowered Vermilion Energy from a “buy” rating to a “hold” rating in a research note on Saturday, March 15th. Atb Cap Markets cut shares of Vermilion Energy from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 13th. Finally, Desjardins lowered shares of Vermilion Energy from a “moderate buy” rating to a “hold” rating in a report on Tuesday, March 18th.

Vermilion Energy Trading Down 16.5 %

NYSE VET opened at $6.11 on Friday. Vermilion Energy Inc. has a 12 month low of $6.00 and a 12 month high of $12.79. The stock has a 50-day simple moving average of $8.47 and a 200 day simple moving average of $9.34. The company has a current ratio of 1.25, a quick ratio of 1.19 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $944.02 million, a PE ratio of -1.63 and a beta of 1.91.

Vermilion Energy Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Monday, March 31st will be given a $0.0903 dividend. This represents a $0.36 dividend on an annualized basis and a dividend yield of 5.92%. This is an increase from Vermilion Energy’s previous quarterly dividend of $0.09. The ex-dividend date is Monday, March 31st. Vermilion Energy’s dividend payout ratio (DPR) is currently -163.64%.

Vermilion Energy Company Profile

Vermilion Energy Inc, together with its subsidiaries, engages in the acquisition, exploration, development, and production of petroleum and natural gas. The company has properties in West Central Alberta, southeast Saskatchewan, Manitoba, and West Pembina in Canada; Wyoming in the United States; southwest Bordeaux and Paris Basin in France; the Netherlands; Germany; Ireland; Croatia; Slovakia; and Australia.